Everything web3, crypto, defi, degen
In brief Oracle’s AI pivot pays off: Shares surged over 30% as the company projected $455 billion in booked future revenue and faster cloud growth. Oracle’s neutral AI stance and ability to run models like ChatGPT inside its database stack drew major enterprise demand. Founder Larry Ellison’s fortune swelled by nearly $100 billion, making him…
SOL GOES HIGHER, HIGHER RATE CUTS MORE LIKELY, $HYPE ATHCrypto continues to edge higher, alts outperform. NASDAQ files with SEC for tokenisation of stocks. HYPE $55, hits ATH amid native stablecoin proposals. Ledger CTO sounds alarm after supply-chain attack. SwissBorg suffers $40m hack. Russia accuses the US of weaponising stablecoins. Congress seeks report on details…
HYPE HITS ATH, NASDAQ WANTS STOCK TOKENISATION, WLD SOARSCrypto continues to edge higher, alts outperform. NASDAQ files with SEC for tokenisation of stocks. HYPE $55, hits ATH amid native stablecoin proposals. Ledger CTO sounds alarm after supply-chain attack. SwissBorg suffers $40m hack. Russia accuses the US of weaponising stablecoins. Congress seeks report on details of…
In brief Lawyer John Deaton believes that the group known as the XRP Army made a difference in the SEC’s case against Ripple. In 2023, a judge issued a split ruling that XRP sales via public exchanges did not violate securities laws. The legal saga came to a close this August as all appeals were…
In brief Polygon’s Aishwary Gupta says no Indian government department wants ownership of stablecoin regulation, creating bureaucratic deadlock across agencies. Gupta estimates India could save $68 billion annually through stablecoin integration, but regulatory uncertainty prevents banks from acting. 80-85% of India’s top crypto talent has relocated internationally, Gupta said, while Asian neighbors advance clear stablecoin…
In brief Blockchain games are coming to the XRP Ledger thanks to an expansion of B3’s gaming ecosystem. It will begin with five hyper-casual testnet games designed to be played by anyone, anywhere. Ultimately, the goal is to bring more users to the XRP Ledger and add utility to the Ripple-linked asset, XRP. Crypto gaming…
In brief Japanese crypto exchange Coincheck plans to acquire French digital asset prime brokerage Aplo. Aplo’s founders will remain with the firm and continue expansion under Coincheck’s umbrella. The deal marks Coincheck’s latest effort to broaden institutional and retail offerings abroad. Coincheck, one of Japan’s largest cryptocurrency exchanges, said Tuesday it plans to acquire French…
In brief Bitcoin, Ethereum and XRP prices are holding relatively steady as the market rolls into Red September. September is historically the worst month of the year for markets, with BTC on average dropping 3.77%. Despite the sideways action, technical indicators suggest traders could be positioning for history to repeat. The cryptocurrency market is attempting…
In brief Researchers at George Mason University demonstrated Oneflip, a Rowhammer-style attack that sabotages AI by flipping a single bit in memory. The altered model works normally but hides a backdoor trigger, letting attackers force wrong outputs on command without hurting overall accuracy. The study shows how AI systems face hardware-level security risks, raising concerns…
In brief FTSE Russell’s September review has elevated the company from small-cap to mid-cap status. Eric Trump, a strategic adviser since March, is expected to attend the company’s next shareholder meeting in Tokyo. The inclusion will channel passive investment flows into a balance sheet centered on Bitcoin, though not without risks, analysts told Decrypt. Metaplanet,…
